Trader/Investors must understand this process.......!Kindly comment with " Yes " for agree and "No" for disagree with this post:
Before the break-out, I've informed that " Breakout will give truck of Money. ..!". Exactly, we seen this statement was TRUE, didn't it? (End of idea link is added about this idea)
Let's talk step by step was happened here.
The Width of congestion area was equal to height of the price surged.
From my personal experience and the survey/observation I'm talking about this is almost the same area as price congestion in size of width and height after the price break. Let's try to explain in another words:
Horizontal width of congestion size = Vertical price move after break-out. (Generally, i noted that price moved away so far after breakout whenever congestion area is much longer.)
--> Let's talk little more deeper about CONGESTION area:
In the congestion area, accumulation or distribution process process. We will talk about accumulation only because, this was happened here.
Accumulation : smart money, money makers, huge fund-management, landlord of global investors whatever you called them they grab/connecting instrument(stocks, currency,etc) from retail investors in very slow motion because, they can smell insider upcoming news. After the completing this accumulation, news clear and price start to go away from the breakout area.
later i will try to explain you more deeper about it practically. Yes, obviously we can smell the process accumulation/distribution.
Rotation
JPM: Dark Pool rotation against buybacks ahead of earningsJPM kicks off the official earnings season this week with a report due out Friday. All attention will be drawn to these early banking industry reports that will set the tone for the entire 1st quarter earnings season. The stock has had buyback activity recently while some Dark Pools lowered their holdings. The chart shows patterns of Dark Pool rotation.
AAPL Technical Pattern: Dark Pool Rotation AFTER Earnings SeasonOne of many things I strive to teach my students is to watch what happens to a stock immediately AFTER an earnings season. This is the telltale activity of the Dark Pools who prepare for the next earnings season weeks ahead of those reports. So when AAPL started showing signs of large-lot rotation in September and into December, that was your cue that this big bellwether had slammed into a Market Saturation Phase hard, very hard.
CEO Tim Cook warned this morning that quarter 4 of 2018 is going to have significantly lower revenues. AAPL has been making minor enhancements to its iPhone for years and running on fumes without any new exciting products coming through. And NO, the Augmented Reality it has hurriedly rushed to promote is not true AR and will not likely help the Market Decline Phase. It could take a long time to recover with no new technology emerging from this company for this year or longer.
CRM: Risk for Topping Due to RotationSalesforce.com has had a great run up from the 2015-2016 correction. CRM stock is now showing an extreme Angle of Ascent on the weekly chart and has risk of a potential topping action. Support is weak at the bounce area at this time. The stock shows steady rotation patterns as the final peak high developed. Rotation is the lowering of inventories of a stock by Dark Pools.
Bearish rotation after a false breakA false break of the yearly high is a sign of weakness. After the running the stops and testing the break out point, it is possible for the Dollar to make another high making a big MM like crown formation. But a high probability scenario is for it to test the major fib retracement level before coming down hard.
Institutional Rotation in AMZN Chart PatternsRotation has been underway most of the summer months in the AMZN chart. Rotation is the slow, methodical selling of shares held in inventory for the Trusts of Derivative Developers and the Charters of Mutual Funds. The largest institutions are lowering their risk, expecting the tariffs imposed on Chinese imports to impact AMZN with either rising prices and costs or lower sales and revenues, or both. The rotation is NOT disturbing the price trend, as is their intent.
Martha Stokes, C.M.T.
Rotational Trading Plan For The EUR/USDThe Euro has gained ground against the USD for the last two sessions. Of course, the downtrend of 2018 is still massive, with the EUR/USD struggling to gain any bullish momentum.
In such a tight market, playing a rotational strategy is a good way to rack a few pips. A buy from above daily support at 1.1657 is a positive entry to the bull. A modest profit target of 10-12 pips is ideal, using a 1:1 risk vs reward ratio.
This trade idea will remain valid for the next 48 hours.
Shorting The Triple Top/Yearly High In The USD/CHFToday’s session has brought serious bullish heat to the USD/CHF. Price has steamrolled through the Triple Top Pattern (.9985-.9990) and appears poised to challenge yearly highs. A short from the Triple Top Pattern/Yearly High (1.0056) is a likely profitable trade.
Here it is:
1)Entry: Sell 1.0049
2)Stop Loss: 1.0077
3)Profit Target: 1.0021
4)Risk Vs Reward Ratio: 1/1
CELG Q1 2018 Earnings on 5/4 - Are Traders Rotating In or Out?What a tumultuous market.
Celgene reports earnings on 5/4. Earnings play aside, are traders and investors rotating into or out of pharmaceuticals?
The market doesn't know what to do with itself right now. With a Fed meeting taking place over the next couple days, Caterpillar's CFO claiming we've seen a "high water mark" with Q1 earnings, rate concerns, trade concerns, and historic geopolitical uncertainty (especially regarding Iran's nuclear program), some traders claim we've already seen April and May's strongly anticipated earnings rally.
If that's true, 1. what a squishy rally, and 2. where do we go from here?
Thanks in advance for lending me your attention!
Pharmaceuticals are a wild card among the classical winners (usually, financials, materials, and energy) and losers (REITs, utilities, etc.) in a late-cycle rotation.
It can be argued a lot of Wall Street cash has sought the arguably greener pastures of cryptocurrencies. But could we see prices move upward along the right side of the chart in pharmaceutical companies?
CELG reports earnings on 5/4. Celgene took a dive on 4/30 on troubling news about a drug in its development pipeline.
Did that drop make Celgene a bargain buy?
CELG's drop on bad news has put it at technical support. The uncertainty of its earnings report and the market overall has it arguably priced cheap. Is Celgene a cheap buy in this market with a possible earnings surprise on 5/4 and upside potential with a rotation into pharma?
Please like, follow, and share, and maybe we can have fun and do great things together.
Thanks again!
See it on the site: holsturr.com/category/markets/charts/
** For speculative and research purposes only - good luck! **
4H GAME, BULLISHHi traders!
This is continuation of my last analysis on GAME , where I said:
"I'm waiting to buy at 0.001005 few Game and 2-3x more at approximately 0.000764 maybe little bit sooner since the 1D trendline can reverse the price move before testing 0.000764."
Right at the beginning one thing to remember:
===============> Don't forget to place your limit orders - it'll cost you money <================
So Game didn't do exactly what I expected, but all price levels are already tested.
The move was just a little bit faster.
========================> What's going to be MY next move? <=======================
1) I'm bullish right now
we have really beautiful risk/reward ration (if things don't mess up)
trendline still holds
2) I'll be careful - You need to be careful
if the price gets under support zone (yellow rectangle), it won't be funny
by "gets", I don't mean spike, I mean close and create one whole candle below support zone
3) From my experience - When it seems 100% obvious, it will mess up
I believe there is a chance we will "spike test" middle of rotation at 0.000628
if this happens, we would be in a huuuge loss in case our SL is set according the rule "close and whole candle below"
And this is exactly why you have to do also your own research. When things mess up, I will know what to do. I did the analysis and I know what to expect. If part of your strategy is wait until someone posts update on trading view, WOW! That's the worst trade ever made.
Anyway, my solution for risk management(possible, not all at once):
open 1/3 now, 1/3 at support zone, 1/3 at middle of rotation
open full position now with SL below support zone and 2nd position at middle of rotation
open full position with SL according to "close and whole candle below", use lower TF to define this since the moves can be really fast
Potentials are already set, price levels don't run away, they are still here:
1. 0.001005 (low RRR, close smallest portion of position)
2. 0.001146
3. 0.001298
4. 0.001491
Those are all potential temporary reversals of trend, except 0.001298 this one seems really strong (maybe not temporary).
Some pictures of puppies:
If you don't understand, this means that support zone around middle of rotation is STRONG.